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786 BOARD OF GOVERNORS OF THE A z «> • FEDERAL RESERVE SYSTEM WASHINGTON address official to the correspondence board June 5, 1936 B-1157 SUBJECT: Call Reports of State Bank Members and their Affiliates Dear Sir: There have been forwarded to you today under separate cover the indicated number of copies of the six forms attached hereto, for the use of State bank members and their affiliates in submitting reports as of the next call date: Number of copies Form Form 105, Report of condition of State bank member. Form 105b (Schedule "0"), Loans and advances to affiliates and investments in and loans secured by obligations of affiliates. Form 105e, Publisher's copy of report of condition of State bank member. Form 220, Report of affiliate or holding company affiliate. Form 220a, Publisher's copy of report of affiliate or holding company affiliate. Form 220b, Instructions for preparation of reports of affiliates and holding company affiliates. Please hold the forms at your bank until receipt of telegraphic advice from the Board giving the date on which the forms should reach 787 - 2 - State bank members in your district. Upon receipt of such advice please arrange to mail to each State bank member, scheduled to reach the bank as nearly as practicable on the date given in the Board's telegraphic advice, three copies of Form 105, two copies of Form 105e, and an appropriate number of copies of Forms 105b, 220, 220a and 220b, with the request that the forms be held pending the receipt of a call for reports thereon. Please furnish the Board with a copy of the letter transmitting the forms to State bank members, a copy of the letter celling for reports, and a list of the State bank members on xvhich the call is made. The original copies of reports on Forms 105, 105b and 220 should be retained for the files of your bank, while the duplicate copies thereof and reports on Forms 105e and 220a should be forwarded to the Board. The only change made in any of the forms is the addition of two memorandum items at the bottom of page U of Form 105. The first memorandum item is intended to include all loans on farm land and all agricultural loans (whether secured by ft.-rm land, otherwise secured, or unsecured). By "agricultural loans" is meant loans made for agricultural purposes, including the production of agricultural products, the marketing or the carrying of agricultural products by the growers thereof, and the breeding, raising, fattening, or marketing of live stock. Please advise State bank members accordingly, when transmitting the blank Forms 105 to them. In order to avoid errors in the publication of condition reports in accordance with Form 105e, it is suggested that the State bank members (B-1157) 788 - 3 - be advised that, when practicable to do so, they should examine and check the proof copy of the published statement before its actual publication in the newspaper. The reports should be examined at your bank in accordance with past procedure and any necessary corrections obtained, if practicable, before they are forwarded to the Board. It is suggested that the reports be examined particularly to see that an amount or the word "none" is shown against the new memorandum items at the bottom of page U of Form 105, that the amount of the first memorandum item appears to be reasonable in comparison with the figures shown in Schedule E, and that the amount of the second memorandum item appears to be reasonable in comparison with the amount of Asset Item 7. The printed copies of reports of State bank members and their affiliates, clipped from the newspapers and attached to the reverse side of Forms 105e and 220a, should be examined to see that they appear to be in proper form. Copies of letters sent to State bank members in connection with published reports and of any replies received thereto should be furnished the Board, to assist the Board in determining whether the differences between the reports submitted to your bank and the published statements are sufficiently important in any case to warrant republication. Please have compiled from the next call reports and mailed or wired in time to reach the Board, within 3 weeks after the date on which the call is made, if practicable, a summary statement, showing separately for central reserve city member banks, reserve city member banks, and (B-1157) 789 country member banks, the amount of (1) each class of loans and discounts as shown against Items 1 to 8 of Schedule E, (2) each class of United States Government obligations, direct and/or fully guaranteed, as shown against items 1(a) to 2(c) of Schedule F, and (3) total other bonds, stocks and securities, as shown against Asset item four (total of Schedule G). Very truly yours, Chester Morrill Secretary. Inclosures. (B-1157) TO ALL FEDERAL RESERVE AGENTS
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